Daily FX Market Review: Dollar Regains Strength After RBNZ Remains Hawkish
The Reserve Bank of New Zealand hiked interest rates today. See what effect this had on the forex market, including the U.S. dollar.
Read MoreThe Reserve Bank of New Zealand hiked interest rates today. See what effect this had on the forex market, including the U.S. dollar.
Read MoreA couple more leading jobs indicators are due from Uncle Sam today! Will we see more figures pointing to a weak NFP?
Read MoreThe big news today in FX came from the Land Down Under. What happened and how did this affect the FX market today?
Read MoreIt’s a risk-on kind of week (so far) and now EUR/USD is knocking on key resistance levels! Are we looking at an upside breakout in the making?
Read MoreThe RBA just surprised the markets with its 25 bps interest rate hike! Will the event push AUD/USD above its Double Bottom pattern this week?
Read MoreWhile the news headlines focused more on the British pound and Japanese yen, the big moves happened elsewhere. What moved in FX today?
Read MoreUncle Sam is about to release the ISM manufacturing PMI today! Will this leading jobs indicator take USD/CHF above or below this area of interest?
Read MoreWelcome to 2022’s last trading quarter! Comdolls will be under the spotlight thanks to RBA and RBNZ’s new policy decisions and Canada’s labor market data. Oh, and it’s NFP week, too!
Read MoreSterling volatility was the main event after the U.K.’s surprise tax cut plan announcement last Friday. But fortunately for Sterling bulls the Bank of England stepped in to save the day.
Read MoreThe U.S. is printing the Fed’s preferred inflation gauge so you know we’re looking at dollar pairs today! Check out USD/CHF’s 1-hour chart.
Read MoreBecause it is easy to believe in a trade that conforms to conventional wisdom. It used to bother me to be wrong on a trade. I would take it personally. Whereas now, I take pride in the fact that I can be wrong 10 times in a row. I understand that my edge comes from the fact that I have become so good at taking losses.Peter L. Brandt